U.S. Army Exercises $90 Million Option for Apache Avionics Upgrades

The U.S. Army is exercising a $90.6 million option with Lockheed Martin for sustainment of the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) system for its Apache helicopters.

(Lockheed's M-TADS/PNVS System)

The fixed price contract is the first of three options under a four-year $375 million performance based logistics (PBL) contract awarded to Lockheed Martin in 2012. The Army uses PBL contracts to optimize system readiness for critical missions.